Oracle down the drain

This post has 16 up-votes, can't be that wrong....

I have deep insight into what is happening with OCI from a business standpoint. And I can tell you that it is not only the largest s— of dollars in the company, but OCI is running at an EXTREME deficit. OCI takes in as revenue only a tiny tiny percentage of what it costs to operate the business. It is HIGHLY unprofitable.

Oracle made a bet that OCI revenues will pick up enough over the next two years that it becomes a business that at least breaks even. Even the migration of Oracle’s internal properties (SaaS, database) onto OCI isn’t nearly enough to drive utilization to where it needs to be to reach the break-even point.

The pure fact is, that OCI is NOT gaining net new customers and is NOT taking ANY customers from AWS, Azure or GCP. A few existing Oracle customers are putting isolated projects onto OCI, but NOBODY is migrating their entire software app portfolios or data centers to OCI — let alone developers choosing OCI as their platform to develop, test and deploy on.

Don’t let the cheerleaders and propagandists fool you — OCI is in a race for its life (and Oracle’s survival as a company) — and this is a race that is very slowly being lost, every day, as customers defect to other clouds and make choices other than Oracle.

This is strong payback for decades where Oracle and its employees abused customers badly. >Payback is a biotch !!

Post ID: @12VHYTCi-1ees

OCI is definitely going to "melt away".

Then there's NetSuite, or what's left of it. I just saw a NetSuite commercial the other day. They are trying to sell stuff there, but on the other hand, someone is actually suing Oracle for being forced to sell NetSuite vaporware! So, so much for NetSuite.

Then there's the DB, and we all know how that's going. AWS removed all traces of it, big money to be found in removing Oracle DB from IT shops. It's the new rage in IT, remove Oracle DB no matter what it costs.

When you are in a company that is the target of large sums of money, to REMOVE it, you know you are working in the wrong place.

Oracle is a dead company walking.

Comment! It's anonymous!

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The guy suing Oracle, says NetSuite is vaporware. He says he was being forced to sell features that didn't yet exist. Sounds bad to me.

Netsuite is no vaporware. That's like a blindman describing an elephant if you can only see from the Oracle side or heard from news. Campus book store was only an initive and pork barrel. The revenue powerhouse is cloud ERP subscriptions with nearly two billion in cloud annual revenue with global footprint thanks to the Oracle acquisition. Operating profit margin is probably negative, however, thus the more revenue collected, the more money they lose. But nevertheless the cloud revenue is cloud revenue.

Regarding the pits: no doubt the share price is going down longer terms, the only question is how fast. Will you remain solvent longer than the market will remain irrational [about Oracle’s prospects]?

https://www.doleta.gov/tradeact/petitioners/taa_search_form.cfm
About the Trade Adjustment Assistance (TAA) Program
The Trade Act of 1974 (19 USC § 2271 et seq.), as amended, established Trade Adjustment Assistance (TAA) to provide
assistance to workers in firms hurt by foreign trade. Program benefits include long-term training while receiving income support.
TAA provides both rapid and early assistance. Filing this petition is the first step in qualifying for TAA benefits and assistance. After
the petition is filed, the U.S. Department of Labor will determine whether a significant number or proportion of the workers of the
firm have become total or partially separated or are threatened to become totally or partially separated, and whether imports or a
shift in production or services to a foreign country contributed importantly to these actual or threatened separations and to a decline
in sales or in production of articles or supply of services. If a petition is approved and the workers are certified as eligible to
participate in the TAA program, workers covered by a certification may contact their state workforce agency to apply for benefits.
These benefits are provided at no expense to employers.

So ask yourself this. Are LE and SC helping or hurting the shareholders? Certainly, long term, major contributing employees are considered expendable.

Now let us look at competitors such as Microsoft, Amazon, and Google.

Should I buy puts?

Thread regarding Oracle Corp. layoffs

Oracle down the drain

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